Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of Primoris Services Corp (NYSE: PRIM) closed at $65.68 in the last session, up 2.04% from day before closing price of $64.37. In other words, the price has increased by $2.04 from its previous closing price. On the day, 0.84 million shares were traded. PRIM stock price reached its highest trading level at $67.42 during the session, while it also had its lowest trading level at $64.3719.
Ratios:
We take a closer look at PRIM’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.25. For the most recent quarter (mrq), Quick Ratio is recorded 1.26 and its Current Ratio is at 1.29. In the meantime, Its Debt-to-Equity ratio is 0.84 whereas as Long-Term Debt/Eq ratio is at 0.70.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Jefferies on March 11, 2025, initiated with a Buy rating and assigned the stock a target price of $73.
On January 08, 2025, Guggenheim started tracking the stock assigning a Buy rating and target price of $102.
On December 11, 2024, KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and target price of $96.KeyBanc Capital Markets initiated its Overweight rating on December 11, 2024, with a $96 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 05 ’25 when Kinch Jeremy sold 4,500 shares for $68.24 per share. The transaction valued at 307,080 led to the insider holds 12,586 shares of the business.
Cook Stephen C. sold 998 shares of PRIM for $67,864 on Mar 04 ’25. The Director now owns 7,377 shares after completing the transaction at $68.00 per share. On Mar 05 ’25, another insider, Kinch Jeremy, who serves as the Officer of the company, bought 4,500 shares for $68.24 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PRIM now has a Market Capitalization of 3530142464 and an Enterprise Value of 4194059776. As of this moment, Primoris’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.84, and their Forward P/E ratio for the next fiscal year is 13.33. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.55 while its Price-to-Book (P/B) ratio in mrq is 2.50. Its current Enterprise Value per Revenue stands at 0.659 whereas that against EBITDA is 10.096.
Stock Price History:
The Beta on a monthly basis for PRIM is 1.13, which has changed by 0.63464415 over the last 52 weeks, in comparison to a change of 0.087141395 over the same period for the S&P500. Over the past 52 weeks, PRIM has reached a high of $90.86, while it has fallen to a 52-week low of $39.63. The 50-Day Moving Average of the stock is -12.48%, while the 200-Day Moving Average is calculated to be 1.49%.
Shares Statistics:
According to the various share statistics, PRIM traded on average about 856.51K shares per day over the past 3-months and 1181650 shares per day over the past 10 days. A total of 53.74M shares are outstanding, with a floating share count of 53.10M. Insiders hold about 1.21% of the company’s shares, while institutions hold 94.88% stake in the company. Shares short for PRIM as of 1740700800 were 2116222 with a Short Ratio of 2.47, compared to 1738281600 on 1712740. Therefore, it implies a Short% of Shares Outstanding of 2116222 and a Short% of Float of 4.44.
Dividends & Splits
The forward annual dividend rate for PRIM is 0.26, which was 0.26 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.0040391483The stock’s 5-year Average Dividend Yield is 0.88.
